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Creta has the following gross requirements: Setup cost of Rs.400, inventory holding cost of Rs. 8 per unit per week. There is no beginning inventory

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Creta has the following gross requirements: Setup cost of Rs.400, inventory holding cost of Rs. 8 per unit per week. There is no beginning inventory and no scheduled receipts. The demand pattern is expected to continue for the remainder of the year. Which is cheaper: lot-for-lot or fixed order of 80 ? [4]

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